I.A.S.T.A

November 3rd, 2006 at 10:30am David Bush - Iasta

Nope, its not an acronym. However, the question is asked so often that I will take a minute to explain:

What does Iasta mean? I have been asked this for years at the beginning and end of presentations or meetings. I guess the continued interest means we have a unique name that, at least garners attention and curiosity.

Back in 1999, when we were starting to plant the seeds that would become Iasta, I was looking to come up with some company names. Even back then, virtually anything that could be thought of about purchasing was already being used or squatted. In an effort to keep the name short, I went out and looked for some words in different languages that might be useful which is where I discovered that ASTA was translated from Italian–>English as Auction. Next step, we are doing all of this on the Internet and viola, the company is named…next order of business - go downtown and incorporate!

i + asta = internet auction

Since we did all the work ourselves, we did not have $1,000,000 dollars to give to a marketing firm that could have come up with some real winners like “Monday” or “Loudcloud”. I think we did pretty good with the name and still get many compliments on its originality. For a list of some of the better ones in recent history, check this.

Entry Filed under: General, e-Sourcing Marketplace

1 Comment Add your own

  • 1. Eric Strovink  |  November 3rd, 2006 at 2:43 pm

    Hey, I remember “Loudcloud”. Never did understand that name.

Leave a Comment

hidden

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed



Iasta

The e-Sourcing Handbook

The e-Sourcing Handbook is a modern guide to supply and spend management success.

Affiliates

Next Level Purchasing
Paladin Associates
eSourcing Wiki

2008 Pros To Know

2007 Pros To Know

2005 Pros To Know

2008 SDC Executive 100

2007 SDC Executive 100

2006 SDC Executive 100

2005 SDC Executive 100

2004 SDC Executive 100